Space

As private satellites increase in number, what are the risks of the commercialization of space?

Ocean clouds seen from space

The Global Risk Report says some governments “are encouraging private space activity to further national ‘territorial’ claims. Image: Unsplash/ NASA

Douglas Broom
Senior Writer, Forum Agenda
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The risks inherent in outer space becoming ever more congested.
The risks inherent in outer space becoming ever more congested. Image: World Economic Forum

Space Innovation Tech for Good Emerging Technologies Technological Transformation Information Technology Davos Agenda 2022
WEF's Global Risks Report highlighted the top 10 risks by severity. Image: WEF Global Risks Report 2022

Private investment in space technology is increasing the need for space traffic control.
Private investment in space technology is increasing the need for space traffic control. Image: Virgin Galactic
Increased private investment in space is driving down the cost of launching satellites.
Increased private investment in space is driving down the cost of launching satellites. Image: World Economic Forum
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There are an estimated half a million pieces of debris in orbit.
There are an estimated half a million pieces of debris in orbit. Image: World Economic Forum
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Related topics:
SpaceInnovationFourth Industrial RevolutionEmerging TechnologiesTechnological TransformationDigital CommunicationsDavos Agenda 2022
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